True Move budgets USD735 million for network expansion

Thai cellco True Move has budgeted THB23 billion (USD735 million) for network expansion in 2012, of which more than half, THB15 billion, is expected to be spent on 3G infrastructure. According to CEO Supachai Chearavanont, quoted in a report from the Bangkok Post, True ‘will not invest further in the existing 2G mobile infrastructure next year, only on network maintenance,’ while it hopes to reach four million 3G users, up from the current user base of 700,000-800,000. The Thai operator expects the 3G business to break even by 2013.

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OVETEL True Move budgets USD735 million for network expansion